All borrowers, regardless of loan size, can use SBA's direct forgiveness portal. Applying for forgiveness using the portal can take as little as 15 minutes.Existing borrowers may be eligible for PPP loan forgiveness. Gov where you'll find information around how to apply for PPP loan forgiveness and helpful resources to help you prepare for forgiveness. Paycheck Protection Program. PPP Loan Forgiveness Application Form 3508EZ. You may continue to fill out the forgiveness application and the workbook; however, you will not be able to submit to Bank of Hope for review. You will need your PPP Loan Amount, Loan Disbursement Date, and nine-digit Business Tax Identification Number (TIN). Get information on loan payments, program data and archived content for SBA's COVID-era relief programs. PPP loan forgiveness.